25 May 2008
IPOs Still Can't Find Funding
That's the gist of this article. Banks can't resell the loans to make the deals, so they don't make the loans, and so the deals do not go through.
The usual suspects say that it's the bottom of a trough, though I wonder if there isn't a lot further down to go.
The usual suspects say that it's the bottom of a trough, though I wonder if there isn't a lot further down to go.
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